Expense Tracker

Track Every Expense.
Automatically.

Connect your bank accounts and let Waypoint categorize your spending with AI. Or track manually for free. Either way, you'll know exactly where your money goes.

No credit card required · Free forever plan · 2-minute setup

How It Works

Start tracking your expenses in three simple steps

Step 1

Connect Your Bank

Link your bank accounts for automatic tracking, or add transactions manually for free. Either way works.

Step 2

AI Categorizes Spending

Waypoint's AI automatically sorts your transactions into categories. It learns from your habits and gets smarter over time.

Step 3

See Your Insights

See exactly where your money goes. Spot trends, get spending alerts, and take control of your finances.

Everything You Need to Track Expenses

Powerful features that make expense tracking effortless

Automatic Bank Sync

Connect to 10,000+ US and Canadian banks via Plaid. Transactions import automatically so you never miss an expense.

AI-Powered Categorization

Stop manually tagging every purchase. Waypoint's AI reads transaction descriptions and assigns categories automatically.

Real-Time Spending Alerts

Get notified when you're approaching your budget limits. No more end-of-month surprises.

Custom Categories & Tags

Organize spending your way. Create custom categories, add tags, and split transactions across multiple categories.

Spending Reports & Trends

Visual breakdowns of where your money goes. Track spending trends over weeks, months, and years.

Works on Every Device

Track expenses on your phone, tablet, or computer. Waypoint works in any browser and installs as a PWA for a native app feel.

Expense Tracker Comparison

See how Waypoint stacks up against spreadsheets and other apps

FeatureWaypointSpreadsheetsOther Apps
Automatic bank syncSome
AI categorization
Real-time alertsSome
Free tierVaries
Custom categories
Multiple devicesLimited
Canadian bank supportN/ALimited

Expense Tracker FAQ

Is the expense tracker free?
Yes! Waypoint's free tier includes unlimited manual expense tracking, all budget categories, and smart AI categorization. If you want automatic bank sync so transactions import on their own, that's available on the Plus plan for $7.99/month.
Which banks does it connect to?
Waypoint connects to over 10,000 US and Canadian financial institutions through Plaid. That includes major banks like Chase, Bank of America, Wells Fargo, TD, RBC, BMO, Scotiabank, CIBC, Tangerine, and thousands more.
How does AI categorization work?
Waypoint analyzes your transaction descriptions and merchant names to automatically assign spending categories like groceries, dining, transportation, and more. The AI learns from your corrections and gets smarter over time, so categorization becomes more accurate the more you use it.
Can I track cash expenses?
Yes. You can manually add cash transactions at any time with just a few taps. You can also scan receipts with your camera to automatically extract transaction details, making it easy to log cash purchases on the go.
Is my bank data safe?
Absolutely. Waypoint uses bank-level encryption and connects to your accounts through Plaid with read-only access. We never store your bank credentials, and you can revoke access at any time. Your data is yours — we never sell it.

Learn More About Expense Tracking

Guide

How to Track Expenses Effectively

A practical guide to building an expense tracking habit that sticks.

Categories

Budget Categories for Canadians (2026)

The best budget categories to use for tracking your spending in Canada.

Comparison

Best Budgeting Apps in Canada (2026)

A comparison of the top budgeting and expense tracking apps available in Canada.

Start Tracking Your Expenses Today

Join thousands who finally know where their money goes. Free to start, no credit card required.

No credit card required · Free forever plan available · Cancel paid plans anytime

Rated 4.9/5 by users